Mineral Resources and Ore Reserves at 30 June 2004:
The tables below encompass the Mineral Resources and Ore Reserves
contained in the South Hill (including oxidised zones) and
North Hill areas. Mineral Resources are quoted at 1.8 metres
and 2.4 metres (inclusive of pillars). Current practice at
Mimosa is to mine at a 1.8 metres stoping width, as reflected
in the Ore Reserve statement. Trial mining is currently ongoing
at wider widths in order to optimise extraction from the Mineral
Resource base.
Mineral
resources based on a 1.8 metre cut
South Hill
Category
Mt
4E PGE g/t
4E PGE Moz
Measured
31.79
4.07
4.16
Indicated
31.65
3.81
3.88
Inferred
18.17
3.95
2.31
Inferred (Oxides)
7.19
3.81
0.88
Total
88.80
3.93
11.23
g/t = 4E
PGE-grade (Pt+Pd+Rh+Au)
Mineral
resources based on a 2.4 metre cut
South Hill